On March 29, 2023, Seagate Technology Holdings plc committed to an expansion of the October 2022 Restructuring Plan (the ‘Plan') to extend its previously announced workforce reduction by approximately 480 employees, or 1% of the global headcount. On March 29, 2023, the company announced that in connection with the expanded Plan, Ravi Naik, Executive Vice President, Storage Services, will leave the company effective April 3, 2023.